Transforming finance with secure and innovative solutions
In 2006, UBX — formerly Business Connexion Tanzania Ltd (BCX) — invested in a shared financial services ecosystem, starting with the inter-bank payment switch infrastructure known as UmojaSwitch, to enable banks to offer shared services to their customers at a lower transaction fee.
UmojaSwitch is a network of electronic payment and fund transfer channels interconnecting banks and other service providers. With connections to 18 banks and over 2 Savings and Credit Cooperative Societies (SACCOS), it integrates with entities involved in payment, clearing, switching and settlement in Tanzania and internationally, offering an interoperable network of over 1,000 ATMs and a vast agency banking network.
Financial services ecosystem
- Interfaced to the Bank of Tanzania (BOT)
- Integrated to China UnionPay
- Integrated to core banking systems
- Integrated to aggregators and billers
- eWallet and eValue cards
- Integrated to Visa
- Various organisations’ systems
- Connected to all the largest mobile networks in Tanzania
- 22 banks and financial institutions
- Over 300 multi-brand Umoja Switch ATMs all over Tanzania
As shown on UBX’s Finance & Banking page
Solutions for finance & banking
16- Switching Services
- Agency Banking
- Mobile Banking
- Internet Banking
- Instant Banking Services
- ATM Rentals & Support
- POS & ATM Supplies
- Bulk Disbursement System
- Colocation
- Cybersecurity Services
- Data Centre Monitoring Services
- Managed Infrastructure Services
- Managed Service Desk
- End User Support
- Digital Transformation Services
- IT Solutions
Government
Let’s make the impossible possible.
Reach out to our team to learn more about our offerings. Tell us what you want to achieve, and we will walk with you on that journey.